Gene M. Zamiska - 20 Aug 2024 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Gene Zamiska
Issuer symbol
WDC
Transactions as of
20 Aug 2024
Net transactions value
-$41,232
Form type
4
Filing time
22 Aug 2024, 16:43:27 UTC
Previous filing
18 Jun 2024
Next filing
27 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Tax liability $14,172 -220 -0.75% $64.42 29,287 20 Aug 2024 Direct F1
transaction WDC Common Stock Sale $27,059 -417 -1.4% $64.89 28,870 21 Aug 2024 Direct F2
transaction WDC Common Stock Award $0 +9,964 +35% $0.000000 38,834 21 Aug 2024 Direct F3
transaction WDC Common Stock Award $0 +3,046 +7.8% $0.000000 41,880 21 Aug 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2023.
F3 Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F4 Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. These shares are scheduled to vest on August 27, 2024.